Avient Corp reports results for the quarter ended in June - Earnings Summary

Avient

26/07/2022 14:32

* Avient Corp  AVNT.N  reported quarterly adjusted earnings
of 97
cents​​ per share for the quarter ended in June. The mean
expectation of nine analysts for the quarter was for earnings of
92 cents per share.
    * Revenue rose 5.4% to $1.30 billion from a year ago;
analysts
expected $1.31 billion. 
    * Avient Corp's reported EPS for the quarter was 92 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Avient Corp shares had risen by 8.9% this quarter and
lost 22.0%
so far this year.
    * The company reported quarterly net income of $84.7
million.
    * Wall Street's median 12-month price target for Avient Corp
is
$62.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 26
at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.92           0.97           Beat
 Mar. 31 2022      0.95           0.99           Beat
 Dec. 31 2021      0.55           0.58           Beat
 Sep. 30 2021      0.68           0.70           Beat